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NPIa provider of data-driven IT procurement solutions for large enterprises based in Atlanta, Georgia, received investment from Falfurrias Growth Partners.
The transaction amount was not disclosed.
The transaction enables further investment in new AI-powered technologies, enhanced products, sales and marketing, and also strengthens the continued innovation of its proprietary artificial intelligence and machine learning technology platform, ensuring the company’s continued growth will be accelerated.
Led by CEO and Founder Jon Winsett, NPI is a provider of data-driven intelligence and technology-enabled services specifically designed to help large enterprises optimize their IT acquisition costs. NPI provides transaction-level price benchmark analysis, license and service optimization analysis, and vendor-specific negotiation information to help IT purchasing teams drive material savings and measurable ROI. NPI analyzes billions of dollars in annual spending for clients across all industries who are investing heavily in IT. NPI’s team includes over 300 subject matter experts covering over 1,500 vendors to help customers get the best deal on all important IT purchases and updates.
Commenting on the news, John Winsett said:In partnership with Falfurrias, our continued mission is not only to scale, but to be a pioneer in enterprise IT procurement. This year, we are launching a breakthrough AI specifically for IT procurement practitioners to streamline the IT purchase negotiation process and ensure world-class deal outcomes with unparalleled ease, speed, and confidence. We plan to announce technology that utilizes the.“
financial small business
2024/01/25
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